Ask me, what have I done during the first 4 weeks?
1. Movies, Movies and more Movies!
2. Watching the Foreign Exchange Rates and Stock Exchange
3. Sleeping
Is this my life? I suddenly miss studying! =D
IMPORTANT NOTICE
To those who intend and is determined to go to Australia for further studies, you are advised to change SGD to Au$ within the next 3 months.
Reason? Simple. Due to the US Sub-Prime Crisis, currencies and countries that are pegged against the USD have fallen by approximately SGD0.20. Singapore Dollar still maintains its stronghold though GDP is expected to be lower than last year. Au$, similarly still maintains its strong rate against SGD, with the min/max of 1.21/1.37 for the past 9 months.
Au$ is expected to buffer within the rage 1.25 to 1.30 within the next 3 to 6 months. Depending onthe amount of SGD you want to change, the rates are sometimes negotiable.
Example: If I want to change SGD3000 to AUD, and the ForEx rate is 1.30, then I would receive Au$ 2307.70. If I want to change SGD3000 to AUD, and the ForEx rate is 1.25, then I would receive Au$ 2400. The difference of SGD0.05 is Au$ 92.30!
From now till End August 2008, I would be able to help you all who wants/is going/strongly intend to go to Australia for the 3 month IAP, capitalise on the Exchange Rate.
Even if you do not have the funds to change currencies now, DON'T WORRY! I will extend a loan* quantum to you, based on your family's income capabilities.
To find out more, click here!
Labels: financial stuffs, investments, loans
